Jardin Del Altiplano Group

The Communal Association “Jardín del Altiplano” (Garden of Altiplano) is starting its first loan cycle with Pro Mujer as part of the German Busch Community Association. The group consists of eight members. This group is led by its Board of Directors and the head of the board is the president, Sra. Olga. The members succeed in various businesses: sand washing, selling coca leaves, breeding rabbits, selling vegetables, operating a neighborhood store, selling “llauchas” (large turnovers filled with cheese and known for being quite juicy), and selling clothes.

Sra. Olga, the president of the “Jardín del Altiplano” Communal Association, says this is the first time she has requested a loan. She is currently married and the mother of seven children. Olga operates a business out of her home in which she weaves bedding on a loom based on orders she receives. Her first loan will be in the amount of 2000 BOB and used for buying wool. She will also buy coca leaves since her family has a side business selling medicinal leaves (an infusion of coca leaves can be used to cure stomach aches and headaches caused by altitude sickness since the city of El Alto stands at more than 3,500 meters above sea level).

When asked what she likes most about Pro Mujer, Sra. Olga replied that she enjoys having this loan.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.